2020 PGK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PGK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PGK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 4990.3837. Conversely, the yearly low was recorded on January 27, dropping to 3888.3050.
This high-to-low spread represents a total annual volatility of 1102.0787 IDR. From a start-to-finish perspective, comparing the January average rate of 4032.0039 to the December average rate of 4014.1795, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 4990.3837 was down 0.09% compared to the 2019 peak of 4994.8738, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PGK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PGK to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4243.8771, compared to 4143.3407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 100.5364 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 894.2847 IDR (High: 4990.3837 / Low: 4096.0990). On the other end, December was the most stable month, with a tight range of 98.0695 IDR (High: 4041.3388 / Low: 3943.2693).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 287.0048 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 4427.1211) against the same month in 2019 (average: 4214.4574), the exchange rate shifted by +212.6636 (+5.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4122.7896 | 3888.3050 | 4032.0039 |
| February | 4110.8901 | 3970.6820 | 4041.0140 |
| March | 4990.3837 | 4096.0990 | 4427.1211 |
| April | 4870.3146 | 4374.3625 | 4571.9953 |
| May | 4445.7049 | 4188.7536 | 4284.9905 |
| June | 4225.7828 | 4010.7803 | 4106.1379 |
| July | 4270.2453 | 4109.0866 | 4185.1347 |
| August | 4257.0015 | 4122.4298 | 4185.1947 |
| September | 4367.8166 | 4150.4723 | 4245.3098 |
| October | 4243.3897 | 4124.1537 | 4192.9150 |
| November | 4171.0201 | 3965.2893 | 4037.3104 |
| December | 4041.3388 | 3943.2693 | 4014.1795 |